DONAVAN, INC. Balance Sheet Assets Cash $12.000 15.000 ventory Buldings Talut 10.000 567.000 Liabilties and Stockholders Equity Les counts Hi Kakky $5.000 Commons IM and city 567.000 DONAVAN, INC. Income Statement Total liabilities and stockholders' equity $67,000 DONAVAN, INC. Income Statement Revenues $84,000 Cost of goods sold (c) Salaries and wages expense 10,000 Net Income (d) DONAVAN, INC. Retained Earnings Statement Beginning retained earnings $17,000 Add: Net income 19000 (e) 4,000 Less: Dividends Ending retained earnings $32,000 TA Save for Later Attempts: 0